Tuesday, November 19, 2024

FedScoop: Booz Allen civil business chief lays out strategy post-Liberty IT acquisition

“Booz Allen Hamilton’s head of civil business has said that fulfilling existing contracts with the Department of Veterans Affairs is the consulting company’s “number one” job following its acquisition of technology provider Liberty. But that the deal presents growth opportunities for the federal contracting giant in other areas of government.”

“Kristine Martin Anderson spoke to FedScoop after Booz Allen last month closed its $725 million acquisition of Liberty IT Solutions, which has a $2 billion order backlog and specializes in working on healthcare-related digital technology missions for federal agencies.”

“’In the civilian space, we have been — for a few years — pushing further and further into technology around transformation of the citizen experience,’ said Martin Anderson, who is executive vice president at Booz Allen and leads the company’s civil business. ‘Job number one is to do that work for VA, but then second to that, with their advancements around low code-no code and API development, we obviously see throughout our business in civil that they will help us scale.”

“The VA is among the company’s largest clients, and Liberty is currently one of 24 sub-contractors supporting the rollout of the VA’s $10 billion electronic health record modernization program. Following the acquisition, which was funded by a combination of cash and debt, Liberty IT will be a wholly-owned subsidiary of Booz Allen.”

“Liberty IT Solutions specializes in the provision of low-code and no-code solutions for federal agencies and has a special relationship with Salesforce, which the company says enables projects to be undertaken quickly…” Read the full article here.

Source: Booz Allen civil business chief lays out strategy post-Liberty IT acquisition – By John Hewitt Jones, July 9, 2021. FedScoop.

Booz Allen Hamilton and Liberty IT Solutions were named to the list of NXT UP firms poised to make big waves in the Federal sector in 2020 and for years to come.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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